Business | Daily | Tourist

NICOSIA — In another sign that stability is slowly returning to Cyprus’ battered financial sector, shares in the country’s largest bank will resume trading on the bourse on Dec. 16 after a 21-month hiatus.

In a statement Friday, the stock exchange said around 8.9 billion common shares in the Bank of Cyprus will start trading at a price of 24 euro cents each ($0.30).

Trading was suspended in the wake of a 10 billion-euro rescue deal Cyprus agreed with international creditors in March last year that authorized bank deposit seizures to prop up the country’s banking system.

The post Cyprus Exchange: Bank of Cyprus Shares To Resume Trading on December 16 appeared first on The National Herald.

Source: The National Herald
Share it now!
Who We Are

GQS acts as an “information representative” providing a variety of accurate and authoritative analytics and responses About Greece. Our field of expertise ranges from simple Daily Life questions related to Tourism or the History of Greece, up to large Business related projects such as Economic Research, Human Resources Selection or Real Estate Services.

Find out more

Contact Us

Are you interested in obtaining any kind of information about Greece?

Let us help you!

If your requirements go beyond simple services and you want specialized information, you will receive a detailed email for any charges.

  • Weather

    August 18, 2019, 9:12 pm
    real feel: 27°C
    current pressure: 1010 mb
    humidity: 30%
    wind speed: 1 m/s N
    wind gusts: 1 m/s
    UV-Index: 0
    sunrise: 6:43 am
    sunset: 8:15 pm
  • Currency